SB 1483 Hawaii Senate · 2025 Regular Session

RELATING TO HIGHWAY REVENUE BONDS.

Summary

Restores the revenue bond authorization for the Department of Transportation to issue Highway Revenue Bonds for highway capital improvement projects authorized in Act 164, SLH 2023, as amended by Act 230, SLH 2024. Effective 7/1/2050. (SD1)

Issues: ✓ Transportation

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2025

Committee Review

Floor Vote

Governor

Introduced Jan 21, 2025 Last action Feb 14, 2025

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What changed between versions

SB1483 → SB1483_SD1 · 3 edits

MINOR

This bill restores the authority for Hawaii's Department of Transportation to issue Highway Revenue Bonds for capital improvement projects that were inadvertently removed by a previous law. The legislation reinstates the funding mechanism that allows the state to finance highway projects using revenue from tolls, fuel taxes, and vehicle fees rather than general obligation bonds backed by the state's general fund. This change ensures that highway projects can proceed without placing additional debt obligations on the state's general budget.

Scope change

The bill's scope is unchanged in terms of which projects are eligible, but the funding mechanism is restored to allow revenue bond financing for projects previously authorized in Act 164, SLH 2023.

FISCAL

Restores authority for the Department of Transportation to issue Highway Revenue Bonds for capital improvement projects authorized in Act 164, SLH 2023, as amended by Act 230, SLH 2024.

TIMELINE

Changed the effective date of the Act from 'upon approval' to 'July 1, 2050'.

TECHNICAL

Removed metadata, formatting codes, and justification sheet content that were present in the original document but are not part of the enacted legislation.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 14, 2025

Committee

Reported from TCA (Stand. Com. Rep. No. 619) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

upper

Feb 11, 2025

Upper · Passed

The committee(s) on TCA recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in TCA were as follows: 5 Aye(s): Senator(s) Lee, C., Inouye, Elefante, Kanuha, DeCorte; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

upper

Feb 7, 2025

Upper · Passed

The committee(s) on TCA has scheduled a public hearing on 02-11-25 3:01PM; Conference Room 224 & Videoconference.

upper

Jan 27, 2025

Committee

Referred to TCA, WAM.

upper

Jan 23, 2025

Introduced

Introduced and passed First Reading.

upper

Jan 21, 2025

Introduced

Pending Introduction.

upper

1 primary · 0 co-sponsors